WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio trimmed its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 4.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 68,228 shares of the company’s stock after selling 3,226 shares during the period. Public Employees Retirement System of Ohio’s holdings in WillScot Mobile Mini were worth $2,565,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. V Square Quantitative Management LLC acquired a new position in WillScot Mobile Mini during the 3rd quarter valued at about $25,000. Hexagon Capital Partners LLC boosted its holdings in shares of WillScot Mobile Mini by 200.0% in the third quarter. Hexagon Capital Partners LLC now owns 900 shares of the company’s stock valued at $34,000 after acquiring an additional 600 shares in the last quarter. Financial Management Professionals Inc. acquired a new position in shares of WillScot Mobile Mini during the third quarter valued at approximately $36,000. Summit Securities Group LLC bought a new stake in WillScot Mobile Mini during the second quarter worth approximately $56,000. Finally, CWM LLC lifted its position in WillScot Mobile Mini by 80.3% in the second quarter. CWM LLC now owns 1,635 shares of the company’s stock worth $62,000 after purchasing an additional 728 shares during the period. Institutional investors own 95.81% of the company’s stock.

WillScot Mobile Mini Trading Up 3.6 %

NASDAQ WSC opened at $36.48 on Wednesday. The firm’s 50 day moving average price is $37.26 and its two-hundred day moving average price is $37.84. The stock has a market cap of $6.74 billion, a price-to-earnings ratio of 331.64, a PEG ratio of 2.12 and a beta of 1.38. WillScot Mobile Mini Holdings Corp. has a twelve month low of $32.71 and a twelve month high of $52.16. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.82 and a current ratio of 0.90.

WillScot Mobile Mini (NASDAQ:WSC) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.10). WillScot Mobile Mini had a net margin of 1.05% and a return on equity of 23.97%. The business had revenue of $601.43 million for the quarter, compared to analysts’ expectations of $617.83 million. During the same quarter in the prior year, the firm posted $0.46 EPS. The business’s quarterly revenue was down .6% compared to the same quarter last year. Equities analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current year.

Insider Activity

In other WillScot Mobile Mini news, CAO Sally J. Shanks sold 14,059 shares of the company’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $34.69, for a total value of $487,706.71. Following the transaction, the chief accounting officer now directly owns 26,113 shares of the company’s stock, valued at $905,859.97. This represents a 35.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Hezron T. Lopez sold 20,000 shares of WillScot Mobile Mini stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $39.38, for a total value of $787,600.00. Following the sale, the executive vice president now owns 57,918 shares of the company’s stock, valued at approximately $2,280,810.84. This represents a 25.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have acquired 15,000 shares of company stock worth $533,900 and have sold 36,959 shares worth $1,382,636. 3.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

WSC has been the topic of several research analyst reports. Barclays lowered their price target on WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating on the stock in a research report on Friday, November 1st. Baird R W cut shares of WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 24th. Robert W. Baird cut their price target on shares of WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating for the company in a report on Thursday, October 31st. Morgan Stanley raised shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $40.00 to $50.00 in a research note on Tuesday. Finally, Deutsche Bank Aktiengesellschaft lowered shares of WillScot Mobile Mini from a “buy” rating to a “hold” rating and cut their target price for the company from $46.00 to $35.00 in a research note on Thursday, October 31st. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, WillScot Mobile Mini has an average rating of “Moderate Buy” and an average target price of $45.50.

About WillScot Mobile Mini

WillScot Holdings Corporation provides workspace and portable storage solutions in the United States, Canada, and Mexico. It operates in two segments, Modular Solutions and Storage Solutions. Its modular solutions include panelized and stackable offices, single-wide modular space units, section modulars and redi-plex, classrooms, ground level offices, blast-resistant modules, clearspan structures, and other modular space; and portable storage solutions, such as portable and cold storage containers, as well as trailers.